Experimental Research On The Relation Between Security Transaction And Bubbles

There are four groups of experimental in this paper,it includes eight kinds of environment.The first group is in incomplete information,the price limit and the auction model.The price limit is including static and dynamic.the trial was attended by two groups,one group is girls,another is boys.The second group will change the auction model into the market maker.The third group and the fourth group is carried out under the complete information,and all used the circuit breaker,it also has the distinction between static and dynamic;the third group uses of the auction model and the forth is market maker system.The experiment of the above is the Laboratory Simulation for available or possible with the Securities and Exchange System.We induce some conclusions:firstly,the suppression of securities trading system on the stock bubble is effective.Secondly,Different securities trading system controls the effects of the bubble of the Securities is different.Thirdly,different people's conduct will have a certain impact on the effectiveness of the securities trading system's implementation,but it will not change the fact that the securities trading system can inhibit the stock price bubbles.According to the conclusion of the experiment,we have proposed using different pricing methods and comprehensive implementing measures to stabilize the possibility and feasibility of the market form the system level.We propose that use the competitive mode mainly and supplemented by the market maker system,then introduce of the Dynamic benchmark price and circuit breaker measures and so on.